Ricoh Arena

Next Game

Coventry v Wigan

Saturday, 08 August 2015, 15:00

Sky Bet League 1

Coventry await points verdict

The Football League is yet to comment on claims the company which owns Coventry's 'golden share' is in administration.

Last Updated: 26/03/13 at 22:18 Post Comment

The pitch at the Ricoh Arena is being prepared for Friday's game against Don

The pitch at the Ricoh Arena is being prepared for Friday's game against Don

The claim was made at the High Court by Arena Coventry Ltd, who manage the Ricoh Arena and allege £1.3m is owed in unpaid rent, and if true would bring a 10-point penalty under League rules.

A subsidiary company of the League One club was placed in administration on Thursday, and in court ACL dropped a petition to have their own administrator appointed.

ACL's lawyer James Powell told the Coventry Telegraph outside court: "It's clear to us the whole club is in administration. Our focus shifts onto this administrator doing a good job."

And ACL later claimed the League agreed with their assessment, releasing a statement which read: "We are grateful to the Football League for coming back so quickly to our legal team to confirm that the Football League share resides with CCFC Ltd (the company in administration), not CCFC Holdings."

Coventry, for their part, say the part of the club in administration is not the one in possession of the 'golden share', which carries membership to the Football League.

And as the dust settled on court proceedings which heard claims of "catastrophic insolvency" at the club and £60m owed to creditors it was left to administrator Paul Appleton to get to the bottom of an issue which has left supporters "bemused".

Michael Orton of the Sky Blue Trust told Sky Sports News: "The complexity of the legal and financial arguments being made in court - I think there were legal and financial experts who were scratching their heads.

"This has been a long-running saga, and I think most fans would say they are appalled by what's going on and remain bemused as to why the different parties could not have resolved this a long time ago.

"Whose interests are all these legal wrangles serving? Certainly not the interests of fans."

Both ACL and Coventry say their wish is for City's final three League One fixtures this season to be played at the Ricoh Arena, and the pitch is being prepared for Friday's visit of Doncaster.

Appleton, meanwhile, has reassured players and staff that their working lives will continue as normal while his investigations are ongoing.

He said: "The process of administration is lengthy and complicated and, while I appreciate the pressing concerns of Coventry fans, I would like to ask for their patience."

Related News

Most Commented

Readers' Comments

Y

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.

rodger's gusset
Van Gaal downbeat on De Gea

I

f you want to take six points off Arsenal, then that's a great strike force. Can't imagine either of them showing much for the rest of the season though...

foot in mouth
Adebayor & Berbatov: You Have To Admire The Balls

L

ooks like Real get their man, most likely at their own valuation, yet again. Resistance is futile.

paul7702
Van Gaal downbeat on De Gea

Footer 365

Andre Pirlo backs Liverpool's Mario Balotelli to prove his potential

Andrea Pirlo thinks Mario Balotelli can still be one of the "top forwards in Europe" despite his struggles at Liverpool.

West Brom reject approach from Aston Villa for Joleon Lescott

West Brom have rejected an approach from Aston Villa for central defender Joleon Lescott, according to reports.

Theo Walcott and Santi Cazorla sign new deals with Arsenal

Theo Walcott and Santi Cazorla have signed new contracts at Arsenal.

Mail Box

Neville Has It Wrong On Chelsea...

One Mailboxer says that the Neviller has it slightly wrong on Chelsea. Plus thoughts on sexy Saints, pre-season reviews, Connor Wickham and televised analysis...

De Gea Disrespectful? Remember RVP...

We got dozens of mails from people pointing and laughing at Brian D for suggesting David de Gea has acted disrespectfully; we printed some. And there's more...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company